Home >> Information & Communications Technology >> Enterprise Employer of Record EOR Solutions Market

Global Enterprise Employer of Record (EOR) Solutions Market Size,Trends, Growth Forecast to 2031

Category : Information & Communications Technology | Report Code : 2348 | Pages : 141 | Nov 2024

Report Overview

Enterprise Employer of Record (EOR) solution allows companies to hire, onboard, and manage employees in multiple countries without having to establish a local entity. It manages all payroll-related tasks and compliance but leaves the supervision and work assignment to the sponsor organization. It also handles all the legal and administrative tasks associated with being an employer, like paying salaries, withholding taxes, managing benefits, and processing onboarding. Apart from helping companies avoid the hassle of setting up a local entity, this arrangement helps reduce legal risks and is also cost-effective as the fee paid to EOR may be lower than the costs of fully employing contractors directly. It is widely used by medium and large enterprises looking to expand into new markets. EOR differs from a Professional Employer Organization (PEO) in the sense that a PEO acts as a co-employer, while an EOR is the legal employer of an organization’s distributed workforce.

The global Enterprise Employer of Record (EOR) Solutions market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

Analytic Insights Hub' newest research report, the “Enterprise Employer of Record (EOR) Solutions Industry Forecast” looks at past sales and reviews total world Enterprise Employer of Record (EOR) Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Enterprise Employer of Record (EOR) Solutions sales for 2023 through 2029. With Enterprise Employer of Record (EOR) Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Enterprise Employer of Record (EOR) Solutions industry.

This Insight Report provides a comprehensive analysis of the global Enterprise Employer of Record (EOR) Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Enterprise Employer of Record (EOR) Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Enterprise Employer of Record (EOR) Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Enterprise Employer of Record (EOR) Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Enterprise Employer of Record (EOR) Solutions.

United States market for Enterprise Employer of Record (EOR) Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Enterprise Employer of Record (EOR) Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Enterprise Employer of Record (EOR) Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Enterprise Employer of Record (EOR) Solutions players cover Multiplier, Horizons, G-P, Neeyamo, Mercans, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Enterprise Employer of Record (EOR) Solutions market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Cloud Based
    On-premises

Segmentation by Application:
    SMEs
    Large Enterprises

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Cloud Based
    On-premises

Segmentation by Application:
    SMEs
    Large Enterprises

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Multiplier
    Horizons
    G-P
    Neeyamo
    Mercans
    Papaya Global
    Links International
    Safeguard Global
    Atlas
    BIPO
    Deel
    Mauve Group
    Omnipresent
    Oyster
    Remote
    Velocity Global
    CXC Global
    Global Expansion
    Emerald Technology
    Skuad

Frequently Asked Questions?

Ans - The purpose of a Enterprise Employer of Record (EOR) Solutions market research report is to provide data-driven insights and analysis on a Enterprise Employer of Record (EOR) Solutions market. It helps businesses understand industry trends, competition, consumer behavior, market size, growth potential, and risks, supporting strategic decision-making.

Ans - Market research reports typically include both quantitative (market size, revenue, growth rates) and qualitative (trends, consumer preferences, competitive analysis) data. It often includes industry statistics, surveys, expert opinions, historical data, and future forecasts.

Ans - The forecast period typically for Enterprise Employer of Record (EOR) Solutions market report spans the next 5 to 10 years. It includes projected market trends, growth opportunities, and potential challenges.

Ans - Yes, Analytic Insights Hub customization services, allowing businesses to focus on specific geographies, sectors, or market segments that are relevant to them.

Ans - The report highlights major trends such as technological innovations, consumer behavior shifts, regulatory changes, or emerging markets that may impact the industry?s growth.